SEOUL, SOUTH KOREA – MARCH 05: A currency dealer works in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters on March 05, 2026 in Seoul, South Korea. The latest flare-up in the Iran conflict has hammered export‑reliant markets in South…
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices gained in Asia trading Tuesday after clocking steep declines overnight, as traders assess developments related to the Middle East conflict. Brent crude futures for May rose over 3% to…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 18, 2026. Brendan McDermid | Reuters S&P 500 futures and oil futures flashed an unusual burst of activity early Monday minutes before a market-moving social media post from President Donald Trump. At around 6:50 a.m. in New…
HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran…
HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. “We do have some ideas on diesel, that we can bring extra diesel to the marketplace,” Wright told CNBC’s Brian Sullivan in an interview. “I think we’ll see that happen…
President Donald Trump said in a Truth Social post Monday that, following talks with Iranian authorities, he ordered the U.S. military to postpone strikes on Iran’s power plants and energy infrastructure for five days. He told CNBC’s Joe Kernen in a phone call shortly after the post that “we are very intent on making a…
The Iran-flagged container vessel “Nora”, in Kalundborg harbor, Denmark, March 18, 2026. The vessel was detained by Denmark’s maritime authority in February over registration concerns. Jens Nielsen | Via Reuters LONDON — European stocks followed Asian markets sharply lower at the start of the new trading week, as further escalation in the Iran war drags…
In an aerial view, oil storage tanks are seen at the Big Spring Refinery on March 19, 2026 in Big Spring, Texas. Brandon Bell | Getty Images Oil prices seesawed in volatile trading Monday as investors weighed the prospect of further escalation after President Donald Trump’s ultimatum demanding Tehran reopen the Strait of Hormuz or…
U.S. President Donald Trump speaks to the press before departing the White House for Miami on March 20, 2026, in Washington, D.C. Celal Gunes | Anadolu | Getty Images As the war in the Middle East entered its fourth week, Iran has widened its warnings to target buyers of U.S. Treasury bonds, the latest salvo…
Smoke rise after powerful explosions as the Israeli army announced a new wave of attacks on Tehran, the capital of Iran, on March 21, 2026. Anadolu | Anadolu | Getty Images Asia-Pacific markets declined on Monday as investors weighed escalating tensions in the Middle East after the U.S. and Iran threatened to intensify military hostilities…
